Cost cutting measures and password sharing crackdowns appear to be working as Netflix is the lone bright spot in a hollywood death spiral. disney, warner, paramount, and universal are over... netflix and youtube are the current titans of the industry. the question isn't whether legacy media can survive (they can't), it's whether sites like rumble and twitter will be of any significant competition.
https://www.cnbc.com/2023/07/19/netflix-earnings-show-strength-amid-media-chaos.html